Daily News: March 18, 2013

Former Yahoo! Exec Joins Spectrum Business Ventures

Spectrum Business Ventures announced the hiring of Ravi Srivastava as managing director, Mergers & Acquisitions. Srivastava’s experience in M&A evaluation and integration specifically within the technology sector – represents a key strategic hire for the growing private investment firm as it seeks high-growth opportunities.

Srivastava, whose previous roles at Yahoo! include serving as vice president, Business Monetization & Strategy for the Americas division, is a strong complement to SBV’s executive management team as the company focuses on growth, enhanced operations for its newly acquired assets as well as the identification of new opportunities to create value in the technology sector.

Srivastava’s career includes several leadership, strategy and development positions for blue-chip technology and financial companies including Intuit, Sun Microsystems, Motorola and Goldman Sachs. At SBV, he will join the mergers & acquisitions team, managing aspects of sourcing, due diligence and fundraising.

“Ravi’s experience in executing growth and turnaround strategies in a variety of business units clearly demonstrates his ability to create value from underperforming assets, which is at the core of what we do at SBV,” said Amit Raizada, chief executive officer of Spectrum Business Ventures. “We like to buy things we know something about, so his experience with tech companies only bolsters our expertise and confidence in this area.”

Spectrum Business Ventures is a private investment firm based in Kansas City, MO that provides family offices, high net worth and institutional investors business opportunities to build long-term value at low risk.